Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Angola - 2022

Contents:

  1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Angola (CIF) - 2022
  2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Angola (FOB) - 2022
  3. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Angola
  4. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Angola

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Angola (CIF) - 2022

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $1,396 per ton in 2022, increasing by 45% against the previous year. Overall, the import price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2014 an increase of 142%. As a result, import price reached the peak level of $1,729 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($14,162 per ton), while the price for China ($1,103 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+50.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Angola (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $501 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price continues to indicate a dramatic slump. The growth pace was the most rapid in 2015 when the average export price decreased by -43.8%. The export price peaked at $4,149 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Portugal.

From 2014 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +15.8% per year.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Angola

In 2022, purchases abroad of alloy steel flat-rolled products, of a width of less than 600mms increased by 1,081% to 1.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms soared to $2.4M in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China36811079.31,78469.2%
Portugal7.31.633.2211206.9%
South Africa18611.41.74.7-70.7%
Others16442.728.243438.3%
Total7261661422,43449.7%

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Angola in 2022:

  1. China (1617.2 tons)
  2. Portugal (83.9 tons)
  3. South Africa (1.0 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Angola

In 2022, the amount of alloy steel flat-rolled products, of a width of less than 600mms exported from Angola stood at 49 tons, remaining stable against the year before. Over the period under review, exports showed a precipitous setback. The smallest decline of 99.9% was in 2021.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms amounted to $25K in 2022. Overall, exports showed a dramatic curtailment. The smallest decline of 99.9% was in 2021.

Export of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Angola (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
PortugalN/AN/A24.50%
South Africa9.4N/AN/A0%
Democratic Republic of the Congo39.6N/AN/A0%
OthersN/AN/AN/A0%
Total49.0N/A24.5-29.3%

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Angola in 2022:

  1. Portugal (48.9 tons)

Source: IndexBox Market Intelligence Platform

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